Tag: construction prices


Construction input prices rise again as energy costs soar

October 12, 2023

Via: Construction Dive

The rise in prices was mainly due to a bump in energy costs. In September, prices increased in all three energy subcategories. While natural gas saw a jump of only 0.1%, crude petroleum and unprocessed energy materials rose 10.1% and […]

Construction Processes, Financial

Construction prices jump for first time in 6 months

September 15, 2023

Via: Construction Dive

An extreme jump in diesel fuel costs in August drove the overall increase in materials prices, according to a separate analysis from the Associated General Contractors of America. Most other commodity prices remained relatively unchanged, according to AGC officials. “The […]

Construction Processes, Financial

Nonresidential construction prices soar 23% year over year

August 13, 2021

Via: Construction Dive

ABC Chief Economist Anirban Basu pointed to several reasons for the escalation, including a rebounding economy, ongoing supply chain disruptions and limited productive capacity. “Many economists insist that the current situation is merely temporary; still, today’s input price increases can […]

Construction Processes, Financial

Construction costs decrease for first time in 10 years

July 20, 2020

Via: Construction Dive

Associated Builders and Contractors’ Chief Economist Anirban Basu echoed Rivetti’s sentiments about competition, saying that as a result of the COVID-19 pandemic, “the average construction firm leader is more concerned about demand for their services than any other consideration, including […]

Construction Processes, Procurement

Construction Materials Prices Drop in August

September 23, 2016

Via: ENR

Both nonresidential construction input prices and overall input prices fell in August as energy prices retrenched, according to a recent analysis of the Bureau of Labor Statistics Producer Price Index released by Associated Builders and Contractors. Nonresidential construction input prices were […]